Fiscal year end for a company is 12/31/2019. 

They've been keeping their books in another system.

They want to import assets with depreciation already taken through 12/31/2019.

Is it necessary to import into the Beginning YTD field?

The documentation says this:

"If the beginning date is any date other than the end of a fiscal year, this field must

contain the YTD depreciation to get correct results when you run depreciation for the

current fiscal year." 

To me, that means it doesn't need to be imported.  But the next sentence is:

"If this field is blank, the application assumes no depreciation for the

fiscal year as of the beginning date has been taken."

This statement makes me wonder if the system is going to try to catch up depreciation because it sees a whole year with zero taken.

Is the only thing it's used for current year depreciation, or if it's not imported will something else be a problem later?

Thanks.